Students Win Burrill Competition With Plan for
Renewable Energy
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| Business School Dean Michael Knetter, at left, is shown with student winner Mustapha Ould Eleya, Professor Anne Miner, student winner Shailesh Ghimire and Elton Aberle, dean of the College of Agricultural and Life Sciences. The students won the $10,000 top prize in the G. Steven Burrill Technology Business Plan Competition. |
| Winners G. Steven Burrill Technology Business Plan Competition First prize ($10,000) Virent Energy, Inc., Shailesh Ghimire and Mustapha Ould Eleya Second Prize ($7,000) SonoPlot, Inc., Vivek Dubey and Brad Larson Third Prize: ($4,000) YoAm Corp., Dan Berg, Debby Levenson, Tammy Lin and Chinthu Udayarajan Fourth Prize: ($1,000) OZ Innovations, Anand Chhatpar and Osman Ozcanli |
First prize of $10,000 in the G. Steven Burrill Technology Business Plan Competition Friday was awarded April 25 to Virent Energy Systems, Inc., represented by Shailesh Ghimire, a second-year MBA student, and Mustapha Ould Eleya, a second-year MBA with a PhD in food science.
Virent Energy Systems offers a biotech process for creating electricity using biomass products like rice hulls and whey.
In total, UW-Madison students walked away with $22,000 in prize money at the G. Steven Burrill Technology Business Plan Competition. Teams from disciplines across campus presented their business plans to a panel of expert judges Friday morning at the business school’s Grainger Hall. Business concepts ranged from simple outsourced manufactured items to sophisticated biotech business plans.
Second prize of $7,000 went to SonoPlot, Inc., represented by Vivek Dubey, a second-year MBA student, and Brad Larson, PhD student in Materials Science in the College of Engineering. The company has developed a system to manufacture DNA and protein microarrays.
Third prize of $4,000 went to a team of master’s students in food science who developed a yogurt-fruit product that they boasted was healthy, good tasting and had a long shelf life. Their company is called YoAm Corp. Students who presented for the company were Dan Berg, Debby Levenson, Tammy Lin and Chinthu Udayarajan.
Fourth prize of $1,000 went to a team of students who presented their concepts for manufacturing and distributing low-cost, useful items that they test market and bring to market quickly. OZ Innovations is a business developed by Anand Chhatpar, a sophomore in computer engineering, and Osman Ozcanli, an industrial engineering student. Several of their products are already on the market.
Professor Anne Miner, who developed the concept of the Burrill Competition with the financial assistance of California entrepreneur, G. Steven Burrill, said she was pleased with the “terrific mixture of plans with this year.” Some drew on original student inventions including a food snack, a book-exchange plan and a carrier for papers and books, while other plans involved inventions from faculty research. “We want to keep both types of business designs in the competition, and are thrilled to see a great balance between them this year,” Miner said.
The G. Steven Burrill competition is supported by the University of Wisconsin-Madison Technology Enterprise Cooperative, the School of Business, the College of Engineering and the College of Agricultural and Life Sciences. Major funding is provided by G. Steven Burrill, a 1966 graduate of the School of Business, an internationally known spokesman for the life sciences and high-tech industries.
Past Winners
| 2006 |
GetIPIC Online identity protection |
| 2005 | Ratio Large-molecule drug delivery system |
| 2004 | Spine Dr. |
| 2003 | Virent Energy Systems Creating electricity using biomass products. |
| 2002 | LifeSonics High-tech electronic drug delivery device. |
| 2001 | Metagenomics—the Soil Genome Project Gene libraries and a database developed by extracting and cloning DNA from the soil. |
| 2000 | Buffet Buddy One-piece plastic plate and cup holder. |
| 1999 | S.O.S. Binding Systems, Inc. New foot binding system used in waveboarding. |
| 1998 | Iverson Engineering Recycled plastic welder. |
